Post Utme Elizade University 2022 Commerce Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2022 Commerce Objective / Multiple Choice
Question 30 POST_UTME_ELIZADE_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering implementing a new marketing strategy that involves using social media to reach its target audience. The company has determined that the new strategy will increase sales by 15% over the next year. However, the company is concerned about the high cost of implementing the new strategy. Which of the following is a correct statement regarding the company's decision?

Answer Options

Correct Answer A. The company should implement the new marketing strategy because it will increase sales by 15% over the next year.
B. The company should not implement the new marketing strategy because of its high cost.
C. The company should conduct further market research to determine the feasibility of implementing the new marketing strategy.
D. The company should consider partnering with a social media marketing firm to reduce the cost of implementing the new strategy.
Correct Answer
A
Correct Option:
The company should implement the new marketing strategy because it will increase sales by 15% over the next year.

About This Question

This is Post Utme Elizade University 2022 Commerce Question 30. It is one of the objective questions from the 2022 Post Utme Elizade University Commerce examination.

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